Visa Inc. (NYSE:V) is one of the best long term low volatility stocks to invest in. On January 31, Macquarie reiterated a Buy rating on Visa Inc. (NYSE:V) and set a price target of $410.00. The rating update came after Visa Inc. reported its fiscal Q1 2026 earnings on January 29, reporting $10.9 billion in net revenue for the quarter, up 15%, or 13% on a constant-dollar basis. Management attributed the growth to year-over-year growth in payments volume, cross-border volume, and processed transactions.
GAAP net income for fiscal Q1 2026 was $5.9 billion or $3.03 per share, reflecting a growth of 14% and 17%, respectively, over the prior year’s results. Visa Inc. further reported that payment volume for the three months ended September 30, 2025, rose 9% over the prior year on a constant-dollar basis, adding that the fiscal first quarter service revenue is recognized on it. Furthermore, payment volume for the three months ended December 31, 2025 reflected an 8% growth compared to the prior year on a constant-dollar basis. Fiscal first quarter service revenue also exhibited positive trends, rising 13% over the prior year to $4.8 billion, recognized based on payment volume in the prior quarter.
Visa Inc. provides digital payment services. It offers credit cards, debit cards, prepaid products, global automated teller machines, and commercial payment solutions.
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This article is originally published at Insider Monkey.
